Sahil Sachdev

💡 New Ventures @foundersfactory | Creating, building and investing in early stage tech | 🇬🇧/acc

[Sahil Sachdev @sachm0]

@alexfmac Lending money is easy. It’s getting paid back that’s the hard part…

[Sahil Sachdev @sachm0]

@rcolvile The fact this is not self evident to everyone is serious cause for concern.

[Sahil Sachdev @sachm0]

@PeterMcCormack It’s a modern day Licence Raj

https://t.co/Cvgi6g0J9M

[Sahil Sachdev @sachm0]

@Barney_H_Y Might be local top here for $GOOG but wouldn’t be a buyer of OpenAI at this price; not convinced there is enough of a moat there long term

[Sahil Sachdev @sachm0]

@Barney_H_Y 1) market pricing in Google’s ability to leverage distribution and get Gemini 3 in front of consumers; bet is they will switch

2) market also pricing in Google’s ability to train Gemini 3 on its own chips - TPUs are a major strategic advantage

[Sahil Sachdev @sachm0]

@iainmartin1 This is the adviser in question. Begs the question as to why she was appointed

https://t.co/QM4YNNFN5G

[Looking for Growth @lfg_uk]

Government just appointed a BLOCKER to run planning policy

Their new advisor on planning DEFENDS the broken system on energy infrastructure that’s led to ludicrous fish discos 🐠

She may have even helped the Vegetable Lobby wreck the Planning Bill! 👇

[Sahil Sachdev @sachm0]

@Adam02144644 Men’s final tickets secured

[Sahil Sachdev @sachm0]

@rcolvile @TorstenBell Well Ed Balls suggests that Wes Streeting’s reference to kneecapping earlier in the week was an allusion to Morgan McSweeney’s Irish heritage - so maybe not as crazy a theory as it sounds!

[Sahil Sachdev @sachm0]

@aswren This is how.

And there’s actually a fascinating story of how it was exploited recently to leverage an expected IPO pop by a trader without allocation: https://t.co/im0O2mrb14 The mysterious, massively lucrative, multibillion-dollar ARKK trade

[Sahil Sachdev @sachm0]

@rcolvile Absolutely insane. Literally reads like satire in parts…

[Sahil Sachdev @sachm0]

@tomhfh Kind of unbelievable it even needs to be said but there we are.

[Sahil Sachdev @sachm0]

@magicromil @hkanji Think about it. What kind of behaviour does it incentivise? Wouldn’t a talented founder leave right after raising their seed or Series A, before their business becomes ‘too’ valuable? Would a talented founder move here to build their high growth business?

[Sahil Sachdev @sachm0]

@rcolvile @CutMyTaxUK Question is though - does that still create an incentive for high growth founders to leave before they become 'too' big or successful? As I understand the proposal, it wouldn't solve the Revolut issue and might in fact make it worse by encouraging founders to leave earlier

[Sahil Sachdev @sachm0]

@rcolvile @LeRef5 Ah I see my misunderstanding in that case and a very different (and much improved) proposal than the typical exit tax often proposed.

[Sahil Sachdev @sachm0]

@rcolvile On the whole though it's an excellent piece of work and cross-party so wouldn't want this to distract. It's a much needed piece of work, kudos to all invoved.

[Sahil Sachdev @sachm0]

@rcolvile https://t.co/CWwkL2Abfd

[Le Ref @LeRef5]

@rcolvile @sachm0 @CPSThinkTank @CenTaxUK @ASI @IPPR @NEF @jrf_uk @WeAreBrightBlue @LabourTogether @DanNeidle Surely having a rule that says "Just letting you know that if you do X in the UK we will deem disposal if you leave the UK and tax you" guarantees one thing and one thing only. People won't set up business in the UK. It's a massive disincentive to inward investment.

[Sahil Sachdev @sachm0]

@rcolvile @DanNeidle @anna_bear2023 @CPSThinkTank @CenTaxUK @ASI @IPPR @NEF @jrf_uk @WeAreBrightBlue @LabourTogether @timleunig Appreciate that. Just thought it stood out in a raft of otherwise inarguable tax reform as the introduction of a new tax principle rather than rationalisation - which seems odd at a time when we should be inviting talent and capital in and investing in the innovation economy

[Sahil Sachdev @sachm0]

@DanNeidle @anna_bear2023 @rcolvile @CPSThinkTank @CenTaxUK @ASI @IPPR @NEF @jrf_uk @WeAreBrightBlue @LabourTogether I’m afraid we don’t have the standing of the US when it comes to economic dynamism and so therefore cannot afford such a policy. Britain is a hard enough sell without any kind of an exit tax let alone with one

[Sahil Sachdev @sachm0]

@rcolvile @CPSThinkTank @CenTaxUK @ASI @IPPR @NEF @jrf_uk @WeAreBrightBlue @LabourTogether @DanNeidle Capital goes where it’s welcome and stays where it’s well treated, as they say

[Sahil Sachdev @sachm0]

@rcolvile @CPSThinkTank @CenTaxUK @ASI @IPPR @NEF @jrf_uk @WeAreBrightBlue @LabourTogether @DanNeidle I’m not sure it does make sense when founders have an option to start and run their businesses from anywhere in the world. The most ambitious simply won’t start them here if they think they will be penalised on exit.